As of today AI transcriptions are not regulated. You are generally not required to seek consent from the other party for transcriptions. This might change in the future and it also depends on your jurisdiction. Users are responsible to adhere to local laws.
Perfect Memory does NOT record your meetings. You do not need to seek consent or notification from the other party for recording.
As Perfect Memory use AI to transcribe what you say and hear, it may make mistakes. While this is generally very accurate there are limitations. Users should take caution when relying on AI outputs.